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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

EU Blacklists Abramovich, Targets Energy, Luxury Sectors with New Russia Sanctions

Sanctioned Russian oligarch Roman Abramovich sits in a VIP lounge before a jet linked to him took off for Istanbul from Ben Gurion international airport in Lod near Tel Aviv, Israel, March 14, 2022. (Reuters)

The European Union on Tuesday launched a new barrage of sanctions against Russia for its invasion of Ukraine, including bans on Russian energy sector investments, luxury goods exports to Moscow and imports of steel products from Russia.

The sanctions also freeze the assets of more business leaders who support the Russian state, including Chelsea football club owner Roman Abramovich and the head of Russian state TV Channel One Konstantin Ernst, who were added to a blacklist that already includes dozens of wealthy Russians.

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